Generali Asset Management SPA SGR Makes New Investment in Fair Isaac Co. (NYSE:FICO)

Generali Asset Management SPA SGR bought a new position in Fair Isaac Co. (NYSE:FICO) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 875 shares of the technology company’s stock, valued at approximately $1,742,000.

Other large investors have also bought and sold shares of the company. Rakuten Securities Inc. increased its position in Fair Isaac by 160.0% in the fourth quarter. Rakuten Securities Inc. now owns 13 shares of the technology company’s stock worth $26,000 after buying an additional 8 shares during the last quarter. True Wealth Design LLC grew its position in shares of Fair Isaac by 900.0% in the third quarter. True Wealth Design LLC now owns 20 shares of the technology company’s stock valued at $39,000 after purchasing an additional 18 shares in the last quarter. Berbice Capital Management LLC purchased a new position in shares of Fair Isaac in the fourth quarter valued at $40,000. Avalon Trust Co purchased a new position in shares of Fair Isaac in the fourth quarter valued at $40,000. Finally, Meeder Asset Management Inc. grew its position in shares of Fair Isaac by 37.5% in the third quarter. Meeder Asset Management Inc. now owns 22 shares of the technology company’s stock valued at $43,000 after purchasing an additional 6 shares in the last quarter. 85.75% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, CEO William J. Lansing sold 6,010 shares of the business’s stock in a transaction dated Tuesday, February 11th. The stock was sold at an average price of $1,804.23, for a total value of $10,843,422.30. Following the completion of the sale, the chief executive officer now owns 42,138 shares of the company’s stock, valued at approximately $76,026,643.74. The trade was a 12.48 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Steven P. Weber sold 139 shares of the business’s stock in a transaction dated Thursday, January 9th. The shares were sold at an average price of $1,964.42, for a total value of $273,054.38. Following the completion of the sale, the chief financial officer now directly owns 2,478 shares of the company’s stock, valued at approximately $4,867,832.76. This trade represents a 5.31 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 10,241 shares of company stock valued at $18,186,184 over the last 90 days. Insiders own 3.46% of the company’s stock.

Fair Isaac Stock Down 1.0 %

Shares of FICO stock opened at $1,854.52 on Friday. The business has a 50-day moving average price of $1,836.39 and a two-hundred day moving average price of $1,983.62. Fair Isaac Co. has a 12-month low of $1,105.65 and a 12-month high of $2,402.52. The firm has a market cap of $45.28 billion, a P/E ratio of 85.11, a price-to-earnings-growth ratio of 3.27 and a beta of 1.41.

Fair Isaac (NYSE:FICO) last issued its quarterly earnings results on Tuesday, February 4th. The technology company reported $4.15 earnings per share (EPS) for the quarter, missing the consensus estimate of $6.21 by ($2.06). Fair Isaac had a negative return on equity of 53.40% and a net margin of 30.66%. As a group, research analysts expect that Fair Isaac Co. will post 24.15 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities analysts have recently weighed in on FICO shares. JPMorgan Chase & Co. started coverage on Fair Isaac in a research report on Friday, December 20th. They issued a “neutral” rating and a $2,150.00 price target for the company. UBS Group reduced their price target on Fair Isaac from $2,250.00 to $2,100.00 and set a “neutral” rating for the company in a research report on Monday, January 27th. The Goldman Sachs Group lifted their price target on Fair Isaac from $2,374.00 to $2,661.00 and gave the company a “buy” rating in a research report on Thursday, December 5th. Robert W. Baird dropped their price objective on Fair Isaac from $1,975.00 to $1,775.00 and set a “neutral” rating for the company in a research note on Wednesday, February 5th. Finally, Jefferies Financial Group dropped their price objective on Fair Isaac from $2,275.00 to $2,175.00 and set a “buy” rating for the company in a research note on Wednesday, February 5th. Four investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $2,088.15.

Fair Isaac Company Profile

Fair Isaac Corporation develops analytic, software, and digital decisioning technologies and services that enable businesses to automate, enhance, and connect decisions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates in two segments, Scores and Software. The Software segment provides pre-configured analytic and decision management solution designed for various business needs or processes, such as account origination, customer management, customer engagement, fraud detection, financial crimes compliance, and marketing, as well as associated professional services.